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Nov 14, 2012
11/12
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KGO
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. >> reporter: diane sawyer asked speaker boehner if you are now the de facto leader of the republican party. and his answer was, oh, i wouldn't think so. paul ryan is a policy wonk. >> i take that as a great compliment from john. >> reporter: is that your role in the republican party, the house policy wonk? >> i have also been one of the house policy wonks. my role is to continue to be a champion of ideas, to help our party be a reform party that shows how we get economic growth. >> reporter: i asked ryan about speculation that he would be an early front-runner for the republican presidential nomination in 2016. he told me it is way too early to even think about the next presidential race. jonathan karl, abc news, washington. >> he also said another reason that his team lost is that turnout in the urban areas in the country was so high, but they also lost in states with few minorities and rural areas, iowa, new hampshire. if you look at a lot of the president's poll numbers, there was more at play than folks of color coming out in support. that's one important part of the narrative bu
. >> reporter: diane sawyer asked speaker boehner if you are now the de facto leader of the republican party. and his answer was, oh, i wouldn't think so. paul ryan is a policy wonk. >> i take that as a great compliment from john. >> reporter: is that your role in the republican party, the house policy wonk? >> i have also been one of the house policy wonks. my role is to continue to be a champion of ideas, to help our party be a reform party that shows how we get...
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Nov 12, 2012
11/12
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KGO
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speaker boehner continues to insist raising taxes is out of the question. >>> traffic and weather together, next. >> let's take a live look outside, gonna be chilly, meteorologist mike nicco will have your full forecast and we also check in with sue hall.afi >>> 80 homes damaged, to people killed, the cause still unknown. what is next in indiana, after that mysterious blast >>> beautiful picture wanted to show you the gorgeous colors this morning isn't that tremendous as we look southeast. high clouds not as cold as it was over the weekend, still seeing 30s especially in the east bay and north bay valleys and around los gatos. low to mid 40s san francisco]6Ñ÷ in the afternoon 50s coast low to mid 50s the rest of us best thursday. >>> if you have to come to san francisco, great morning to do it, pretty, chilly, light at the bay bridge toll, no issues, into metering lights no problems upper deck light out of novato through central san rafael past freitas parkway to north san pedro road past civic center moving at limit couple problems with ace trains, number 120 minutes late, number 3, --
speaker boehner continues to insist raising taxes is out of the question. >>> traffic and weather together, next. >> let's take a live look outside, gonna be chilly, meteorologist mike nicco will have your full forecast and we also check in with sue hall.afi >>> 80 homes damaged, to people killed, the cause still unknown. what is next in indiana, after that mysterious blast >>> beautiful picture wanted to show you the gorgeous colors this morning isn't that...
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Nov 15, 2012
11/12
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FOXNEWS
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john boehner was asked an said he's willing to give a little on loopholes. but not a single question. he says he takes a balanced approach and that's what the people in the room think. he's balanced. same thing on benghazi. we have all these questions on benghazi and they are not answering. you have to go to denver to get a local radio host? megyn: there were two questions about benghazi. one was from ed henry. but they only had eight questions. i knew that sitting in this anchor chair. they my that. they are the white house press corps. you are telling me these are all issues that matter to some americans. climate change, immigration and so on. but when you only have eight questions and there isn't a question about how we are going to gets the debt under control or what we are going to do about the 23 million americans. >> i agree about whether he was going to meet with mitt romney was a waste of a question. megyn: if you had 20, go for it. >> i think we all agree on all sides that that was definitely a waste of a question. i want to push back on this softb
john boehner was asked an said he's willing to give a little on loopholes. but not a single question. he says he takes a balanced approach and that's what the people in the room think. he's balanced. same thing on benghazi. we have all these questions on benghazi and they are not answering. you have to go to denver to get a local radio host? megyn: there were two questions about benghazi. one was from ed henry. but they only had eight questions. i knew that sitting in this anchor chair. they my...
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Nov 12, 2012
11/12
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FOXNEWS
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gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we have in the economy right now is businesses aren't inch investigating, they are not expand -lg your operations. can you think of a worst time to raise the tax rate on investment when investment went negative in the last quarter? if businesses are not investing they can't hire more workers and i agree with doug it could cause a ou double-dip recession. gregg: if you force higher income americans to pay more in taxes not through increasing their tax rates but rather closing the loopholes, deductions, credits and so on and so forth, that is still a net increase on that important sector. so how is th
gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we...
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Nov 14, 2012
11/12
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FOXNEWS
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does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase revenues is by having rising incomes. you don't get that by higher taxes on a weakening economy. bill: the president plans to open the talks using his most recent budget proposal. wasn't that the budget that got zero votes in the senate? >> he's going to exploit it for all it's worth. you could come to an agreement using bowles and simpson and reducing rates so everyone declares victory. you have got more revenue but the rates don't go up. but i don't think the president is interested in that. if you had normal people doing this. this president web ma
does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase...
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Nov 19, 2012
11/12
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FOXNEWSW
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john boehner was just down there at the white house on friday, it's the beginning. we want to show him if he wants to gain revenues we are more than willing to talk about closing and limiting loopholes. bill: which loophole would you close? >> we'll sit down and lay them all on the table. there are a lot of ways you can go through. we have to have reforms. what you need to do too, the structural change. you have to have structural change otherwise you're going to continue to this trillion dollar deficits sthao based on your experience in working with president obama is he willing to go for significant tax reform, change the whole problem? that would be historical. >> we will not get out of this mess without growing this economy, and the only way to do that is to have structural reform and tax reform. this isn't something that republicans have sat back on. we have passed legislation already that sets up the framework to have tax ry reform. we've passed it to take away the sequestration that he says in the debate will not happen. bee have already passed that in the ho
john boehner was just down there at the white house on friday, it's the beginning. we want to show him if he wants to gain revenues we are more than willing to talk about closing and limiting loopholes. bill: which loophole would you close? >> we'll sit down and lay them all on the table. there are a lot of ways you can go through. we have to have reforms. what you need to do too, the structural change. you have to have structural change otherwise you're going to continue to this trillion...
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Nov 20, 2012
11/12
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FOXNEWSW
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what john boehner did was very, very shrewd. he said to the government, you have been silent on this. we are waiting for your recommendations. you want to make spending cuts? you are open to revenue abduction eliminations, you tell us, mr. president, what you would like. bill: boehner says they were close to doing it last time and the president lost his nerve. but both men are facing the possibility of crossing the threshold of history if they lock arms. >> there is so much uncertainty for businesses and individuals. the "wall street journal" had a report out yesterday saying there is so much uncertainty we could slip into another recession over this fiscal cliff. let's hope they can do their jobs for once. bill: you go find beckel, will you? >> it's not my turn to baby sit. we'll find him by 5:00. bill: it takes four you to baby sit him. to our viewers, have you got a question in e-mail us or on twitter @bill hemmer. this is coming up. we have dozens of house republicans formally opposing susan rice's nomination as secretary of
what john boehner did was very, very shrewd. he said to the government, you have been silent on this. we are waiting for your recommendations. you want to make spending cuts? you are open to revenue abduction eliminations, you tell us, mr. president, what you would like. bill: boehner says they were close to doing it last time and the president lost his nerve. but both men are facing the possibility of crossing the threshold of history if they lock arms. >> there is so much uncertainty...
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Nov 19, 2012
11/12
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CSPAN2
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the speaker of the house john boehner says that he backed away from an agreed compromise on raising the debt limit. an article in "the new york times" magazine tends to support that charge the reason he painted a picture of obama standing firm and the negotiations as the apparent requirement for the resolution of the legislation approaches the end as it appears that even more are being forecast for the next congress if it will take an unusually skillful second term president to deliver solutions to the financial problems facing the nation. if the task rests on the shoulders of barack obama will he emulate wells and who wouldn't compromise or would he like eisenhower? regan, clinton and washington figured out how to win against the odds. of course to achieve the accommodation in congress he would need a lyndon johnson, tip o'neill or new gingrich to lead the congress majority that would follow. so what specifically what i recommend that he would do to avoid the challenges of the second term? he should appoint an intermediary with the skills of simpson-bowles to work with the congress on
the speaker of the house john boehner says that he backed away from an agreed compromise on raising the debt limit. an article in "the new york times" magazine tends to support that charge the reason he painted a picture of obama standing firm and the negotiations as the apparent requirement for the resolution of the legislation approaches the end as it appears that even more are being forecast for the next congress if it will take an unusually skillful second term president to...
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Nov 18, 2012
11/12
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you know, mitch mcconnell has to worry about a primary collage in 2014, and boehner has to worry about a leadership challenge from the right so there's certainly a primp on what they can do. that said, the incentives have changed, and you saw chris christie's incentive changed, and there's, you know, the fiscal cliff creates different incentives, and i think the end of -- the end of that one term goal means that different republicans will start to have different incentives which means that on immigration, perhaps on a long term deficit deal, there will be avenues for potential cooperation. whether, you know, whether it takes, you know, more ass kickings or a real statesman to lead the republicans towards a different future, i think that depends on what happens over the next few years. >> i mean, i would add that, you know, there's a real brulalty to sitting in washington, that was just breathtaking to me. as a relative outsider, going into the mill and the buzz saw of the political apparatus in washington, and i think that, you know, it's bipartisan horribleness. it's not just republic
you know, mitch mcconnell has to worry about a primary collage in 2014, and boehner has to worry about a leadership challenge from the right so there's certainly a primp on what they can do. that said, the incentives have changed, and you saw chris christie's incentive changed, and there's, you know, the fiscal cliff creates different incentives, and i think the end of -- the end of that one term goal means that different republicans will start to have different incentives which means that on...
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Nov 17, 2012
11/12
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KPIX
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. >> reporter: in the meeting, house speaker john boehner proposed leaders establish a framework in the next six weeks for wide scale reform of the tax code, medicare, and social security in 2013. e e goal would be to set specific targets now for savings from those reforms. msat would negate the need for cutp spending cuts congress called for last year that are set to kick in on january 1, the reme day the bush tax cuts are set to expire. that damaging combo has been wnme to be known as the fiscal cliff. while democrats often balling at day mention of entitlement reform, today nancy pelosi signaled a new openness. >> do we want to have savings from everything that we do? certainly? so we need revenue, we need savings, we need growth. > reporter: leader pelosi said tere appeared to be interest in a big deal, about four trillion rsllars worth of deficit reductions along the lines of the grand bargain that fell part wean the president and tpeaker boehner last year, rethony. >> mason: nancy, there are just 46 days until the new year. what can they really hope to ?ccomplish in that time? >>
. >> reporter: in the meeting, house speaker john boehner proposed leaders establish a framework in the next six weeks for wide scale reform of the tax code, medicare, and social security in 2013. e e goal would be to set specific targets now for savings from those reforms. msat would negate the need for cutp spending cuts congress called for last year that are set to kick in on january 1, the reme day the bush tax cuts are set to expire. that damaging combo has been wnme to be known as...
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Nov 13, 2012
11/12
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WUSA
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. >> and on the house side, it's clear that boehner is sending a message to fellow republicans in the house who have got to make extra steps that we didn't before. >> i think that's true. and i think the president has responded by saying that i'm not whetted to the idea of tax rate increases. i'll settle for more revenue if that's what i can get. >> you got senators reid and mcconnell to actually sit together. >> it was like arranging the paris pease talks or the camp david talks. it wasn't easy. >> were they as uncomfortable as they looked sitting next to each other? >> yes. >> and what did you learn from that? >> well, i think that -- what can you say? they don't strike me as two guys that are -- can sit down in a room over a whiskey and kind of work things out. they're very locked in their ways and they are both political tacticians. that's what they do. >> they are brilliant political tacticians. anybody who knows senator mcconnell and reid knows that. they're both very good at what they do, and outmaneuvering one another, which raises the question, with no personal relationship a
. >> and on the house side, it's clear that boehner is sending a message to fellow republicans in the house who have got to make extra steps that we didn't before. >> i think that's true. and i think the president has responded by saying that i'm not whetted to the idea of tax rate increases. i'll settle for more revenue if that's what i can get. >> you got senators reid and mcconnell to actually sit together. >> it was like arranging the paris pease talks or the camp...
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Nov 14, 2012
11/12
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CNN
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boehner and i think he has some interest in doing this. he's got to come up with substantial revenues as a contributor to a debt deal. >> i guess the best thing is that everybody's talking, but in your mind, what is the percentage that there will be a deal by january 1st? i say it's less than 50-50. there have been no discussion for two years. now, we've had an election. the world has changed, but is there the time that's required to have the very difficult discussions about entitlements, domestic discretionary, limits on the pentagon and revenues? it's an awful lot to get done in a short period of time. so if we can get it done, let's get it done. >> i'm hoping for a christmas day surprise, congressman. >> well, a lot of us would welcome that. >> thank you so much for joining us this morning. >> thank you. >>> this is 31 minutes past the hour. nancy pelosi likely will spend her next term the same way she spent her last one. california democrat made the official announcement moments ago. >> made the decision to submit my name to my colleag
boehner and i think he has some interest in doing this. he's got to come up with substantial revenues as a contributor to a debt deal. >> i guess the best thing is that everybody's talking, but in your mind, what is the percentage that there will be a deal by january 1st? i say it's less than 50-50. there have been no discussion for two years. now, we've had an election. the world has changed, but is there the time that's required to have the very difficult discussions about entitlements,...
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Nov 16, 2012
11/12
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CNN
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we heard from speaker john boehner. he said that revenue is on the table. the issue here is that president obama has said he wants to increase tax rates on wealthy americans. the speaker and house republicans are still not on board with increasing tax rates, although perhaps closing some loopholes to raise some revenue, and even though there's a lot of kind of kumbaya going on here, suzanne, there's still a lot of tough work that needs to be done. they're still maybe punting on some of the important issues like tax reform and entitlement reform, but they'll be dealing with the fiscal cliff here in the near term. >> it's probably difficult to tell, but we see these pictures, and it's very common, right? you get about 30 seconds to see them all in a room together. they're patting each other on the back, smiling, and shaking hands, that kind of thick. do we have any sense of whether or not there were any different kind of tone or language when they were meeting behind closed doors that gives us a sense that maybe this is real? >> you know, i think, oh, to be a
we heard from speaker john boehner. he said that revenue is on the table. the issue here is that president obama has said he wants to increase tax rates on wealthy americans. the speaker and house republicans are still not on board with increasing tax rates, although perhaps closing some loopholes to raise some revenue, and even though there's a lot of kind of kumbaya going on here, suzanne, there's still a lot of tough work that needs to be done. they're still maybe punting on some of the...
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Nov 16, 2012
11/12
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CNN
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boehner appreciates that, dana. just looking at their body language sitting around the table, they're all smiling awkwardly and trying to get along, so hopefully as the morning progresses, you know, the talks will be cordial and arrive at some sort of conclusion. do you have any hopes an actual plan will be developed from this meeting? >> the bright lines over which neither side will cross will likely be established. the players have been very careful not to draw the bright lines in public, for example, the president now publicly at least has made clear that, yes, he promised during the campaign to raise those rates for those families making $250,000 or more but he is also in the next sentence said i am open if anybody has any other ideas to figuring out how to raise other tax revenue in order to achieve his goal which is deficit reduction, about a trillion dollars in deficit reduction. those kinds of lines and paramete parameters. >> dana bash, thank you so much. i know you're busy today. we appreciate you giving y
boehner appreciates that, dana. just looking at their body language sitting around the table, they're all smiling awkwardly and trying to get along, so hopefully as the morning progresses, you know, the talks will be cordial and arrive at some sort of conclusion. do you have any hopes an actual plan will be developed from this meeting? >> the bright lines over which neither side will cross will likely be established. the players have been very careful not to draw the bright lines in...
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Nov 14, 2012
11/12
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president, john boehner, harry reid, and senator mcconnell -- you can't do in three and half weeks a half weeks what needs to be done. the next year is that moment of opportunity. and i think the work is being done and i think this will help get a result. >> when he does come back and say, i was disappointed when the president come after simpson-bowles, didn't really embrace it and i don't know that we would've adopted it, but it would have been the least possible. it is because the president has been reelected after a very tough campaign. the republicans have been upset by the results of the campaign and you have the raw personal material for this to work out to everyone's benefit. he is very much smart and very effective. >> inner has to get the votes. he calls for both it only gets a vote on his conference committee has problems of his own. .. >> maybe the world economy would collapse if we didn't deal with it, it was taken tonight house of representatives r and it was defeated, and they timely got it passed after they -- after the market tankedded, and then you had the same crowd
president, john boehner, harry reid, and senator mcconnell -- you can't do in three and half weeks a half weeks what needs to be done. the next year is that moment of opportunity. and i think the work is being done and i think this will help get a result. >> when he does come back and say, i was disappointed when the president come after simpson-bowles, didn't really embrace it and i don't know that we would've adopted it, but it would have been the least possible. it is because the...
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Nov 17, 2012
11/12
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i remember calling up a guy before i worked for romney i worked for boehner in the majority leader officer, i called up the digital guy tell me about twitter. how it's going work. he said you don't need to know it. it's not a big thing. here we're now, i notice during the campaign so much of what we did was driven from the bottom up through twitter. and -- even when i was on the plane. we would do the different gaggle. she would do it on a bigger plane. air force one. we call pear force one. i would got back of the plane and gaggle for fifteen or twint minutes. by the time i would come back i would come back on twitter and say it made news. >> people responded and taked you on twitter. >> when you say people you don't mean people you mean reporters. >> or people. [laughter] reporters are not people. >> that was on the free to be you and me. the reporters are people. but you mean this was the kind of back stage conversation you were watching playout on twitter? sometimes real people. it was more important how the journalist were using twitter. >> yeah. it became a incredible news. you could
i remember calling up a guy before i worked for romney i worked for boehner in the majority leader officer, i called up the digital guy tell me about twitter. how it's going work. he said you don't need to know it. it's not a big thing. here we're now, i notice during the campaign so much of what we did was driven from the bottom up through twitter. and -- even when i was on the plane. we would do the different gaggle. she would do it on a bigger plane. air force one. we call pear force one. i...
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Nov 14, 2012
11/12
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john boehner still in the house. you are still at the treasury. the president is back in the office. harry reid is in the senate with more seats -- why should i believe this will end any more positively than the summer of 2011? >> i will not try to talk to about optimism, but let's look at what has changed. you have republican leadership acknowledging relief for the first time in this debate in public that they would agree to increase revenues as part of an agreement to help restore fiscal balance. that is a very important change. you could debate what has motivated that change, and of course it is true that that approach has very popular substantial support among the american people. you have a much greater recognition that the economy would benefit from a carefully designed balanced agreement on fiscal reform. putting that off indefinitely is not good for the country. that is important, too. i think, again, if you listen carefully to what people are saying and what many politicians are saying, there is a lot of consensus on the things that would
john boehner still in the house. you are still at the treasury. the president is back in the office. harry reid is in the senate with more seats -- why should i believe this will end any more positively than the summer of 2011? >> i will not try to talk to about optimism, but let's look at what has changed. you have republican leadership acknowledging relief for the first time in this debate in public that they would agree to increase revenues as part of an agreement to help restore...
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Nov 15, 2012
11/12
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CSPAN
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john boehner on his party should -- parties election. nancy pelosi says she wants to continue to lead a party in the house. all "washington journal tomorrow morning, ron paul. siebel take your questions about tomorrow's hearing -- he will take your questions about tomorrow's hearing. the kaiser family foundation. "washington journal" is live on c-span every day at 7:00 eastern. >> tremendous vice-president for 82 days. -- harry truman was vice president for 82 days. nowadays, the vice president does not bother with that. he was there every day presiding over the senate. it was a transition with a zero knowledge. that does not happen anymore. he got a phone call from the white house. he picked up the phone, at the other end, get to the white house as an issue can. he grabbed his hat. he had a car, of course. he went to the white house and was taken upstairs to the second floor. he upstairs to the second floor. he was met by eleanor roosevelt. she said, the president is dead. he was in total shock. can i do for you? she said, what can we d
john boehner on his party should -- parties election. nancy pelosi says she wants to continue to lead a party in the house. all "washington journal tomorrow morning, ron paul. siebel take your questions about tomorrow's hearing -- he will take your questions about tomorrow's hearing. the kaiser family foundation. "washington journal" is live on c-span every day at 7:00 eastern. >> tremendous vice-president for 82 days. -- harry truman was vice president for 82 days....
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Nov 15, 2012
11/12
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. >> deirdre walton, cnn, since the elections john boehner has been talking about what to negotiate a deal on the fiscal cliff and says he is open to new revenue and willingness to compromise. i was wondering what you think of his position on this, and if you are right to support him this afternoon? >> i do not know if you are here earlier when i spoke about the 10-1 deal. i want to see where they are willing to cut. olive heard is that the democrats are saying they are not willing to cut anything in. the president had a meeting last night with the labor unions, all of these separate liberal groups. and everyone of those groups to the president that he should not deliver anything on a reforms of our entitlement system, but you should insure the delivers a tax increase. i do not think they are open- minded in any way. i think we need to stop negotiating with ourselves. and we need to wait for the democrats to actually give us an offer that is a real serious offer. we need to stop speaking amongst ourselves. he won the presidency, let him lead. >> i believe that revenue is important par
. >> deirdre walton, cnn, since the elections john boehner has been talking about what to negotiate a deal on the fiscal cliff and says he is open to new revenue and willingness to compromise. i was wondering what you think of his position on this, and if you are right to support him this afternoon? >> i do not know if you are here earlier when i spoke about the 10-1 deal. i want to see where they are willing to cut. olive heard is that the democrats are saying they are not willing...
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Nov 13, 2012
11/12
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FBC
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to be speaker boehner, a lot of publicans running with tail between their tails here. on deep end like tax, immigrations and reform. they may be caving onssues that tea partiers held near and dear. dick armey, a big tea party player, freedom works, how do you feel about that for one of a better term, dressing down on part of speaker boehner on republican troops, tea partiers included. many, made him the speaker. >> well, let me say i love john boehner like a brother, i don't envy him the position he is in. but i am also reminded of what ronald reagan taught us years ago, good polic makes good politics, john boehner needs to emphasis economic growth, is the way to get increed revenue. and there is two ways to -- two imperatives, dress down reduce, and discipline our government run among so there is confidence to grow in private sector then a tax system that accommodates that growth. you will dress a tax system of this country, from theoint of view of what is fair, have you taken the most simple minded way to address taxes. taxes are about raising the necessary revenue t
to be speaker boehner, a lot of publicans running with tail between their tails here. on deep end like tax, immigrations and reform. they may be caving onssues that tea partiers held near and dear. dick armey, a big tea party player, freedom works, how do you feel about that for one of a better term, dressing down on part of speaker boehner on republican troops, tea partiers included. many, made him the speaker. >> well, let me say i love john boehner like a brother, i don't envy him the...
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Nov 14, 2012
11/12
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CNBC
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how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the only financial services representation there is american express. no other bank was invited to this meeting. as soon as these guys and gals start walking out, we'll bring you some interview
how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture...
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Nov 16, 2012
11/12
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that's when speaker boehner spoke. listen to this. >> i believe that we can do this and avert the fiscal cliff that's right in front of us today. >> is this really what led to today's midday turn around, or was it something else? let's talk about that. quincy crosby joins us. mark spellman and kevin carone. quincy, is it that simple? they came out, they used the word constructive, framework, corner stone, all those positive words, and the market took off. >> absolutely. i was watching the body language when they finished up. they walked together. they didn't separate. the market kept making gains. it was that immediate. >> mark, do you agree? >> yeah, i think it was important. we've been looking for good news. the fact that everyone's heels aren't dug in quite as badly, it's good news and what otherwise has been a bad news market. >> kevin, i want to ask you, though, even if we get a deal, okay, great. tick, check. like the elections, check. we've still got a lot of longer-term fundamental problems. i don't know. just
that's when speaker boehner spoke. listen to this. >> i believe that we can do this and avert the fiscal cliff that's right in front of us today. >> is this really what led to today's midday turn around, or was it something else? let's talk about that. quincy crosby joins us. mark spellman and kevin carone. quincy, is it that simple? they came out, they used the word constructive, framework, corner stone, all those positive words, and the market took off. >> absolutely. i was...
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Nov 17, 2012
11/12
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MSNBCW
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boehner has indicated he's putting revenues on the table. that makes it possible for us to begin the very difficult discussion about what revenues and how do you get them and what cuts and how do you make them. so we have a lot of work to do. at least the framework is some greater possibility for a positive outcome. >> last time around, republicans insisted that any new increases in revenue must be off-set by a lowering of tax rates. are you encouraged by the gop's apparent new willingness to accept a more balanced approach? >> i'm very much encouraged by it. that is what made it impossible for us to even have discussions at all up until the election results came in. as you know, president obama ran on a very explicit platform of restoring the clinton area tax rates for folks above $250,000. romney explicitly ran against that. exit polls showed half the folks who voted for romney in fact supported the obama position on taxes. the other thing that's important to keep in mind, we -- our congress actually has made a trillion and a half dollars
boehner has indicated he's putting revenues on the table. that makes it possible for us to begin the very difficult discussion about what revenues and how do you get them and what cuts and how do you make them. so we have a lot of work to do. at least the framework is some greater possibility for a positive outcome. >> last time around, republicans insisted that any new increases in revenue must be off-set by a lowering of tax rates. are you encouraged by the gop's apparent new...
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Nov 12, 2012
11/12
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FBC
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continued uncertainty despite the president's comments and john boehner's comments. cheryl: we're looking at what we've been seeing over the last couple of months and you are saying kind of be prepared for that. a lot of the guests have come on and said you know, there's problems with earnings, but also you can't ignore that spike to the down side after the election. what did you make of all of that last week? what did you read into that? >> well, i mean, heading into the election, there was a lot of sentiment that the the market, the financial markets would have preferred a republican winner. cheryl: sure. fiscally more responsible if their view. -- in their view. >> correct. there's a few there's a lot of financial regulation presently and more to come. a lot of that at least from professional investors is probably where they were on wednesday. cheryl: they were waiting to see. >> i think that's going to settle off. i don't think you will see 300 point swings. you might see back again -- i'm quoting that period of july and august 2011, you could see 100, 150 on any
continued uncertainty despite the president's comments and john boehner's comments. cheryl: we're looking at what we've been seeing over the last couple of months and you are saying kind of be prepared for that. a lot of the guests have come on and said you know, there's problems with earnings, but also you can't ignore that spike to the down side after the election. what did you make of all of that last week? what did you read into that? >> well, i mean, heading into the election, there...
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Nov 13, 2012
11/12
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FBC
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>> well, i think speaker boehner has it right where he said we need to look at the whole tax code before we start increasing taxes. so i actually think that needs to be evaluated. so i'm not quite sure where the fiscal cliff is going to go. i'm assuming they are going to as they say kick the can down the road for another couple of months. hopefully they take that time period to lay out a foundation over what they are going to do in order for us to put our fiscal house in order. liz: there is citizen duffy and there is businessman ceo duffy. let's talk about the ceo duffy and how your customers and i want to remind our viewers that you have everyone from farmers who trade on the cme to small traders to billion dollars financial institutions. if we fell off a cliff, how would they be affected? >> well, i think they would be affected in my ways. -- in many ways. what i said earlier, for all these people to go about and do their business. farmers should be worried about the weather and the yield they are going to get in their crops not what's going on on the fiscal cliff. unfortunately they
>> well, i think speaker boehner has it right where he said we need to look at the whole tax code before we start increasing taxes. so i actually think that needs to be evaluated. so i'm not quite sure where the fiscal cliff is going to go. i'm assuming they are going to as they say kick the can down the road for another couple of months. hopefully they take that time period to lay out a foundation over what they are going to do in order for us to put our fiscal house in order. liz: there...
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Nov 20, 2012
11/12
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FBC
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i hear they are in washington, mcconnell, boehner, you name it, paul ryan, democrats, pelosi, reid, they are working today. maybe it will take tomorrow and thursday off. but they know time is of the essence. they have to do this before the christmas holiday because you don't want people thinking their taxes are going to increase during the largest spending time of the year. now let's get to steve cohen which is fascinating. i mean clearly cohen is implicated in this case with this fund manager. now, has he been charged? no. here's the deal, the fund manager, worked for him, was a major fund manager at sac capital, one of their satellite divisions that dealt directly with cohen. i can't remember his name. liz: get the name right. >> help me out. get your producing team to get his name right. here's the thing, this guy says he's innocent. the real question is steve cohen. what is the future of steve cohen? and where is he? i can tell you in a major way cohen is being eyed by the federal investigators. he's been in the news a lot. we have a very interesting conversation, a deposition he gav
i hear they are in washington, mcconnell, boehner, you name it, paul ryan, democrats, pelosi, reid, they are working today. maybe it will take tomorrow and thursday off. but they know time is of the essence. they have to do this before the christmas holiday because you don't want people thinking their taxes are going to increase during the largest spending time of the year. now let's get to steve cohen which is fascinating. i mean clearly cohen is implicated in this case with this fund manager....
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Nov 14, 2012
11/12
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CNN
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understand he had out there at the end point for the failed grand bargain negotiations with speaker boehner. you know how these things work. everyone stakes out their two sides and ultimately, the final decision is somewhere in the middle. >> that's right. big negotiating game. this is a starting point. brianna keilar, great to see you this morning. >> it is seven minutes past the hour. will she or won't she? do you know? >> i wish i did. >> politicos in washington want to know if nancy pelosi will seek another term as house minority leader. the 72-year-old california democrat is expected to announce her decision today. pelosi has scheduled leadership elections for november 29th. that's later than usual. and that's prompted speculation that the former speaker may relinquish her role as a top house democrat. they say she's holding this very close to the vest. >>> and coming up on "starting point," former house speaker and gop presidential hopeful newt gingrich and his wife callista. their take on the presidential election, and will also weigh in on the petraeus scandal. >> and keep it on cnn
understand he had out there at the end point for the failed grand bargain negotiations with speaker boehner. you know how these things work. everyone stakes out their two sides and ultimately, the final decision is somewhere in the middle. >> that's right. big negotiating game. this is a starting point. brianna keilar, great to see you this morning. >> it is seven minutes past the hour. will she or won't she? do you know? >> i wish i did. >> politicos in washington want...
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Nov 12, 2012
11/12
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KTVU
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speaker boehner was asked this week whether the republican drive to kill obamacare, is dead. here's what he said: >> it is pretty clear the president was reelected. obamacare is the law of the land. >> chris: question: do most house republicans, do you agree with speaker boehner, repeal of obamacare with this election, with his re-election, is dead? >> no. as a physician i can tell you that the reason -- we're not opposed to the president's health care law because of the election, we're opposed because it is bad policy and bad for the patients across this land. we actually must get a handle on this spending in this country and in order to do that, it has to be through medicare and medicaid reform an social security reform, all three programs under current law are destined for fewer. we need fundamental reforms to save and strengthen and secure the programs for this generation and, future generations, that is what really -- >> the election, yes, you still have the majority in the house but you lost the election on the presidential level, and you will not kill obamacare for the
speaker boehner was asked this week whether the republican drive to kill obamacare, is dead. here's what he said: >> it is pretty clear the president was reelected. obamacare is the law of the land. >> chris: question: do most house republicans, do you agree with speaker boehner, repeal of obamacare with this election, with his re-election, is dead? >> no. as a physician i can tell you that the reason -- we're not opposed to the president's health care law because of the...
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Nov 12, 2012
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curious, the coverage seems to presuppose the only person that got re-elected was the president when john boehner and all the others got re-elected, as well? >> if you still believe in hope and change, it's amazing that the american people elected the same configuration which is basically a check and balance system that is going to make it hard to do anything no matter by what margin obama won. >> jon: how does the yeid cover the next four years? you have obamacare finally being implemented. economy is still in the doldrums. what is going to be the headline? >> i think it will be focused on the intransigence of the house. not moving to meet obama in the middle. >> i totally agree with that. i would also add as of friday, there was a website that was showing major corporations from boeing to bristol-myers and many others beginning to lay off substantial number of workers. will that be bliapd on obamacare? i don't think so. >> another thing looking ahead, sharon waxman from the "new york times" who runs a website. this is hollywood's victory. they won on gay marriage. they won on marijuana, they wo
curious, the coverage seems to presuppose the only person that got re-elected was the president when john boehner and all the others got re-elected, as well? >> if you still believe in hope and change, it's amazing that the american people elected the same configuration which is basically a check and balance system that is going to make it hard to do anything no matter by what margin obama won. >> jon: how does the yeid cover the next four years? you have obamacare finally being...
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Nov 12, 2012
11/12
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in terms of raising revenue which boehner grew about. if you grew the economy at reagan levels instead of two percent and obama and french levels, just growing faster and do that for a decade, the federal government gets trillions in taxes. we could undo the damage by having higher growth. >> gretchen: that's the difference in ideology. raise it to 3#.9 percent x. replace the alternative minimum tax with the buffet and raise the state tax and long-term capitol gains from 15-20. where do you think that those four points will go in negotiations with the republicans? >> mr. boehner said one thing he's not willing to give up on is maintaining the 35 percent top rate. obama wants 39.6 percent. it is rather significant increase. the obama care tax increase. he takes the tax rate on half of all maul - on small business fall in the higher tax rate of 44 percent and up from 35 percent that. is a body blow to small businesses . obama doesn't care. they are not unionized and don't help him out. we have to protect that part of the country and focus
in terms of raising revenue which boehner grew about. if you grew the economy at reagan levels instead of two percent and obama and french levels, just growing faster and do that for a decade, the federal government gets trillions in taxes. we could undo the damage by having higher growth. >> gretchen: that's the difference in ideology. raise it to 3#.9 percent x. replace the alternative minimum tax with the buffet and raise the state tax and long-term capitol gains from 15-20. where do...
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Nov 14, 2012
11/12
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. >> could invite boehner over for bowling. it couldn't hurt. >> play golf with them. you are going to play golf anyway. >> there you go. it's a fantastic new book. check it out. "thomas jefferson, the art of power." thank you very much. >> appreciate it. >> why did president petraeus blame the attack on the video when he probably new better? thomas krauthammer next hour with a pretty good theory. and then a nine-year-old girl proving she can beat the boys at their own game. she is here next. [ timers ringing ] [ male announcer ] it's that time of year. time for campbell's green bean casserole. you'll find the recipe at campbellskitchen.com. ♪ campbell's. it's amazing what soup can do. [ husband ] transfer! [ male announcer ] free data transfer at home. you just deleted all the photos! you did! no you did! [ male announcer ] or free data transfer when you buy a windows 8 computer at staples. another way staples makes it easier to upgrade. military families face, we understan at usaa, we know military life is different. we've been there. that's why every bit of financ
. >> could invite boehner over for bowling. it couldn't hurt. >> play golf with them. you are going to play golf anyway. >> there you go. it's a fantastic new book. check it out. "thomas jefferson, the art of power." thank you very much. >> appreciate it. >> why did president petraeus blame the attack on the video when he probably new better? thomas krauthammer next hour with a pretty good theory. and then a nine-year-old girl proving she can beat the...
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Nov 12, 2012
11/12
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i would love to see how the obama-boehner golf game part two might go because boehner now has to make a choice. he has a alaska, and he is kind of a deal maker by natural inclination. he has to figure out what his 230-some-odd members took away from this election. how many of relexingtonned tea party type members feel they were sent to washington because they refused to comexprms how many are available for the new kind of compromise necessary to get a grand bargain. where he lands is the most interesting question to me. >> schieffer: what happens next, david? let's just talk about this. unless they find some compromise here, you're going to see these horrendous across-the-board cuts in defense and social programs. you're also going to see these tax cuts expire, which means everybody gets a tax increase. do you think they can do it before the end of the year? or will they just kick it down the road? >> i think they can find a way to postpone the fiscal cliff for another six months a year. i think that's certainly doable because everybody understands you're going to get tipped into rece
i would love to see how the obama-boehner golf game part two might go because boehner now has to make a choice. he has a alaska, and he is kind of a deal maker by natural inclination. he has to figure out what his 230-some-odd members took away from this election. how many of relexingtonned tea party type members feel they were sent to washington because they refused to comexprms how many are available for the new kind of compromise necessary to get a grand bargain. where he lands is the most...
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Nov 14, 2012
11/12
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CNBC
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house speaker john boehner kicked things off there. nothing directly in terms of commenting about what the president said today about wanting to raise the tax rates on the highest income earners. the american people need to see us act courageously and lead boldly and expects the president to do the same. >> the president didn't say much. the president was very vague. he didn't say anything about spending cuts and didn't talk about entitlements but just about doubling up the tax bigs. that sounds like a guy who is digging in. it doesn't sound constructive on a day when i thought the president was very aggressive and his tone did not send one conciliatory feel. >> sounds like stalemate. >> that's digging in your heels. i don't think that is particularly market bullish. >> not given the action we saw today. >> thanks for stopping by. it is time to set the record straight when it comes to net flex. how likely is a deal? our traders have answers. big lockup expiration brings a day of reckoning for facebook. telling you what to watch for. ho
house speaker john boehner kicked things off there. nothing directly in terms of commenting about what the president said today about wanting to raise the tax rates on the highest income earners. the american people need to see us act courageously and lead boldly and expects the president to do the same. >> the president didn't say much. the president was very vague. he didn't say anything about spending cuts and didn't talk about entitlements but just about doubling up the tax bigs. that...
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Nov 16, 2012
11/12
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CNBC
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what did traders seem to say as you were getting comments from reid, pelosi, boehner and mcconnell? >> trading's so low on the lower end of the trading range, i mentioned yesterday, scott, 1340. we flirted with it today. 1343 the low in the cash. we bounced from there. bounce levels are 1370, 1395. the fact that we're just shy of that, just means that everyone is a little suspect of what's truly going to happen once these fiscal cliff dialogues ratchet up. i would be a seller of these bounces. >> what a significant pop seeing in the stock market, guys. throw up the dow industrials on an intraday. in fact, throw up all three intraday charts because you're going to see quite a dramatic reversal. the dow industrials up 48 points. highs of the day, again, down 50 to 60 points or so as the wraps wrapping up and positive comments of the leaders in the room with the president today. unless you have a rally on wall street and let's get to washington to the north lawn of the white house where john harwood is. this seemed to go as well as one could hope thus far, at least. >> reporter: i thin
what did traders seem to say as you were getting comments from reid, pelosi, boehner and mcconnell? >> trading's so low on the lower end of the trading range, i mentioned yesterday, scott, 1340. we flirted with it today. 1343 the low in the cash. we bounced from there. bounce levels are 1370, 1395. the fact that we're just shy of that, just means that everyone is a little suspect of what's truly going to happen once these fiscal cliff dialogues ratchet up. i would be a seller of these...
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Nov 13, 2012
11/12
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CURRENT
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quick to say yeah, let's follow the boehner thing. when you look at what boehner is saying about how to avoid the fiscal cliff he's not saying we're going to agree with president obama on anything yet right? >> not yet. at least publicly, he's just reheating the old romney proposal which is if you close deductions, that's where you get your revenue. not from letting the high end tax cuts expire. the high-end tax cuts expire. what obama had been campaigning on and what voters want overwhelmingly. so you know, the administration has actually been fairly optimistic about where boehner is and negotiating with boehner and negotiating maybe with some of the rank and file who are more likely to come to an agreement. maybe go into the senate. and doing this very publicly. they're meeting with a lot of groups with labor groups, with business groups and they've learned their lesson. this idea that in 2011 last year, they could just sit in a room with boehner, hatch out a deal and all would be done. clearly didn't work out very well. after the e
quick to say yeah, let's follow the boehner thing. when you look at what boehner is saying about how to avoid the fiscal cliff he's not saying we're going to agree with president obama on anything yet right? >> not yet. at least publicly, he's just reheating the old romney proposal which is if you close deductions, that's where you get your revenue. not from letting the high end tax cuts expire. the high-end tax cuts expire. what obama had been campaigning on and what voters want...
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Nov 15, 2012
11/12
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CURRENT
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up to this point house speaker john boehner is saying he will not accept any increases on tax rates. but some top republicans are quietly coming around. it is obvious after the election that republicans do not hold the mandate on taxes. while the g.o.p. still might not agree to a tax rate on those making more than $250,000 a year, if democrats demand a millionaire tax increase, it will be hard for republicans to say no. climate change actvilles are not feeling too optimistic after the president's news conference yesterday. advocates had been hoping the president would push for a carbon tax as a way to help raise revenue during talks on the fiscal cliff. while the president did say he is a official believe err -- firm believer in climate change and will take up the issue in the future. for now it will take a backseat to the economy. this is also an issue both parties avoided during the presidential campaign and even during energy talks, there was no mention of climate change during the debates. more john fuglesang is coming up after the break and we're live in our chat room, join us t
up to this point house speaker john boehner is saying he will not accept any increases on tax rates. but some top republicans are quietly coming around. it is obvious after the election that republicans do not hold the mandate on taxes. while the g.o.p. still might not agree to a tax rate on those making more than $250,000 a year, if democrats demand a millionaire tax increase, it will be hard for republicans to say no. climate change actvilles are not feeling too optimistic after the...
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Nov 16, 2012
11/12
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CURRENT
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you would see mitch mcconnell and john boehner's people sort of drawing their lines in the sand. that's not really happening even though that is sort of by far much sort of bigger story as far as what's going to happen in the country. as far as -- and priority list for both the white house and congress. >> do you think they also get that at the white house? that as long as -- as much as they may be getting hurt or not by the islamist people are talking about benghazi, it enables some room for the white house to get involved in the negotiations as well. >> it allows them to negotiate this without sort of a spotlight on fiscal cliff story which is -- you know, a story that has about six weeks left in it before some -- before taxes go up on everyone and significant spending cuts happen across the country. not just the military. >> you've been covering the hill for awhile in addition to the campaigns. do you get the sense that this will be the time when they say okay, they've reached some agreement on the tax out on the revenue side and republicans eat it a little bit. for people mak
you would see mitch mcconnell and john boehner's people sort of drawing their lines in the sand. that's not really happening even though that is sort of by far much sort of bigger story as far as what's going to happen in the country. as far as -- and priority list for both the white house and congress. >> do you think they also get that at the white house? that as long as -- as much as they may be getting hurt or not by the islamist people are talking about benghazi, it enables some room...
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Nov 19, 2012
11/12
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CURRENT
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john boehner is asking to outline a plan and get fellow republicans on board. ryan will likely be under the most pressure to back away from his conservative politics. his run for vp no doubt brought him some new-found respect and political clout amongst his colleagues. they say they will confident they will be able to reach some sort of a deal by the engineer of the deal, they need to be at an impasse when it comes to taxes. they said any deal to reduce the deficit should come through pro-gross reforms. that means things like lowers rates, and closing loopholes. >> just to close loopholes is far too little money, and they have said they weren't it to be revenue neutral. the president has been very clear, that the higher-income people have to pay their fair share. >> that means no deal from the democrats if republicans will not agree to raise taxes on the wealthy, but pelosi says she is optimistic. more john coming up after the break. stay with us. ♪ created ad message for little caesars who proudly salutes unites states veterans everywhere. >> hi, i'm rick lo
john boehner is asking to outline a plan and get fellow republicans on board. ryan will likely be under the most pressure to back away from his conservative politics. his run for vp no doubt brought him some new-found respect and political clout amongst his colleagues. they say they will confident they will be able to reach some sort of a deal by the engineer of the deal, they need to be at an impasse when it comes to taxes. they said any deal to reduce the deficit should come through pro-gross...